By Tommy Wells
Seward Phoenix LOG 

Council OKs increase in local mil rate

 

April 27, 2017 | View PDF



The residents of the City of Seward will be getting some much-needed road improvements in the near future. Unfortunately, the time to pay the paver is at hand.

The City of Seward, which recently secured approximately $3 million in funding for road improvements via a bond sale, approved an incease in the local mill rate at Monday’s regular meeting. With the increase, the mill rate will increase from 3.12 to 3.84. Based on current valuations, the increase will be approximately $72 per $100,000 valuation. Valuations for property are established through the Kenai Peninsula Borough Tax Assessor.

The move is the beginning of a road improvement projects within the city. The project was approved by voters in the Oct. 4, 2016 election. During that election, 74 percent of Seward voters voted to allow the City of Seward issuing up to $3 million in general obligation bonds. The money - along with approximately $2.8 million in additional state and federal funds - will help the city improve road conditions at several key points within the community. Seward City Panager James Hunt indicated the improvement project would be handled by the Alaska Department of Transportation & Public Facilities.

In other business during the council meeting, members honored Patrick Linton and Flip Foldager for their efforts to help improve the community. Linton is retiring as the executive director of the Seward Community Health Center. Foldager is retiring from the City of Seward after 25 years of service.

 

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